Ray, 29, had a 3.72 ERA and a 1.24 K/BB ratio in 63 relief appearances with the Rangers and Giants last season. He came to San Francisco in the Bengie Molina deal last July but didn't make the club's postseason roster and was non-tendered in December. Ray looked to be one of the more promising young closers in the game after he racked up 33 saves for Baltimore in 2006, but he has been plagued by injuries since. He underwent Tommy John surgery in August 2007 and missed the entire 2008 season.